Blair attacks freedom of speech:

Again, I would say, yes. In my 10 years, I've noticed all these elements evolve with ever greater momentum. It used to be thought - and I include myself in this - that help was on the horizon. New forms of communication would provide new outlets to by-pass the increasingly shrill tenor of the traditional media. In fact, the new forms can be even more pernicious, less balanced, more intent on the latest conspiracy theory multiplied by five. But here is also the opportunity. At present, we are all being dragged down by the way media and public life interact.

Trust in journalists is not much above that in politicians. There is a market in providing serious, balanced news. There is a desire for impartiality. The way that people get their news may be changing; but the thirst for the news being real news is not. The media will fear any retreat from impact will mean diminishing sales. But the opposite is the case. They need to re-assert their own selling point: the distinction between news and comment. And there is inevitably change on its way. The regulatory framework at some point will need revision.

See:
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2007/06/12/nmedia212.xml&page=1